Religion: When Mammon Serves God

The Worldwide Church and financial accountability

Jesus said: You cannot serve both God and mammon. But these days it takes a heap of mammon to serve God. Religious establishments in the U.S. raise $20 billion or more a year. Most of the money is efficiently passed on to an assortment of spiritual and charitable works, with respectably small administrative costs.

However church money is handled, fiscal accountability is far looser than for other nonprofit organizations, which are required by law to keep records open to the public and follow standard bookkeeping practices. Churches have...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!